Complex and Mop Fertilizer sales saw a significant 40% and 37% increase in Q1, reflecting strong demand in the agricultural sector.

On the other hand, import of overall fertilizers dropped 32 per cent April-June giving Indian companies a competitive edge by reducing foreign competition.

• The India Complex Fertilizers Market size is anticipated to rise at a CAGR of 18.3% during 2024-2030.
• When rainfall is good, the demand for fertilizers also improve and this year's distribution is also good, along with the quantity of precipitation.
• India Complex and Mop Fertilizers Market has been accomplishing growth and is projected to grow more on the back of factors such as rising demand for food and the government has been implementing various initiatives to promote sustainable agricultural practices and promote the use of complex fertilizers.

In 2024, several listed companies in India are prominent in the sale of complex fertilizers:

1. Coromandel International Ltd.
2. Gujarat State Fertilizers & Chemicals Ltd (GSFC).
3. Tata Chemicals Ltd.
4. National Fertilizers Limited (NFL).

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